Domain 3 post assessment
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What name can be the same on multiple
company name
list items
One must edit vendor A's display name
How should the accounts be merged
so that it matches vendor B's display
when merging vendor A into vendor B
name
How to change vendor payment terms
so that all vendor invoices are paid to
Step 1: select settings , Step 2: select all
the company's vendors 30 days after
lists, Step 3: select terms, Step 4: double
they are received. Arrange the steps for
click next 30, Step 5: select save
changing the compan's vendor terms in
the correct order
What information is needed when creat-
ing a 1099 tax form to send to a vendor Social security + EIN
(choose two)
Comparing projects to see which ones
What is the purpose of expense tracking
are the most profitable: seeing if a project
(choose two)
is making a profit
By viewing the unbilled charges report;
by selecting the project name on the pro-
How can users locate billable expenses jects page and opening the transactions
tab; by viewing the unbilled costs by job
report
1. Select settings, 2. Select account and
How to add billable items to customer settings, 3. Select expenses, 4. Select
invoices. Arrange the steps to make ex- bills and expenses, 5. Turn on make ex-
penses billable in the correct order penses and items billable, 6. Save, 7.
Done
1. Order an item or service, 2. Receive
Arrange the money-out transaction the time or services, 3. Receive a bill for
workflow in the correct order the item or service, 4. Pay for the item or
service
LAB
Step 1: select transactions, Step 2: se-
lect bank transactions, step 3: select the
desired bank feed transaction, Step 4:
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Domain 3 post assessment
Study online at https://quizlet.com/_d2i6tt
review the pre filled information, step 5:
Arrange the steps to review and records
input any additional information needed,
a bank fee transaction
step 6: select confirm
When recording a debit transaction as an
expense, what would a user select as the check
payment method
After recording a bill, the user's invento-
ry will automatically be updated in quick TRUE
books online. True or False
What type of transaction is entered man-
An expense transaction
ually into quick books online
Step 1: select new, step 2: select vendor
Arrange the steps of creating a vendor credit, Step 3: enter credit details such as
credit in the correct order the vendor, category, and amount, Step
4: save and close
What account must be selected when
adding funds from a vendor credit to a Accounts payable
deposit
What happens when a transaction is is It changes the transaction amount to
voided zero but leaves a transaction record
If it was created by mistake and money
When should a transaction be deleted
was not involved
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